Shentel Secures $567 Million Fiber Network Financing and Extends Debt Maturities to 2030

Reuters2025-12-08

Shentel Secures $567 Million Fiber Network Financing and Extends Debt Maturities to 2030

Shenandoah Telecommunications Company (Shentel) has completed a refinancing of its credit facilities effective December 5, 2025. The company closed its inaugural $567.4 million secured fiber network asset revenue term notes, with $489.1 million in 5.64% Series 2025-1, Class A-2 term notes and $78.3 million in 6.03% Series 2025-1, Class B term notes, both due December 2030. Additionally, Shentel raised a $175 million Variable Funding Note Facility due December 2029 and a $175 million new Revolving Credit Facility due December 2030. Proceeds were used to repay $585.4 million in term and revolving credit loans and terminate an existing facility due July 2028. The refinancing is expected to reduce Shentel's cost of debt by approximately 170 basis points and lower annual interest expense by about $10 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Shentel - Shenandoah Telecommunications Co. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9598180-en) on December 08, 2025, and is solely responsible for the information contained therein.

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The company closed its inaugural $567.4 million secured fiber network asset revenue term notes, with $489.1 million in 5.64% Series 2025-1, Class A-2 term notes and $78.3 million in 6.03% Series 2025-1, Class B term notes, both due December 2030. Additionally, Shentel raised a $175 million Variable Funding Note Facility due December 2029 and a $175 million new Revolving Credit Facility due December 2030. Proceeds were used to repay $585.4 million in term and revolving credit loans and terminate an existing facility due July 2028. The refinancing is expected to reduce Shentel's cost of debt by approximately 170 basis points and lower annual interest expense by about $10 million.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. 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ID: GNW9598180-en) on December 08, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0314104364.USD","symbol_name":"MANULIFE GF AMERICAN GROWTH \"AA\" (USD) INC","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251208:nNDL8ZhBzX:1","article_id":"2589355662","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2589355662","pubTimestamp":1765200618,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Shenandoah Telecommunications Company  has completed a refinancing of its credit facilities effective December 5, 2025. 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While PUBT strives to provide accurate and timely information, this AI-generated content","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU0314104364.USD":"MANULIFE GF AMERICAN GROWTH \"AA\" (USD) INC","BK4585":"ETF&股票定投概念","BK4115":"综合电信业务","NDAQ":"纳斯达克OMX交易所","SHEN":"Shenandoah Telecommunications Co","IE00BKPKM429.USD":"NEUBERGER BERMAN GLOBAL SUSTAINABLE EQUITY \"A\" (USD) ACC","BK4132":"无线电信业务","BK4588":"碎股","IE00B64PRP62.GBP":"GUINNESS GLOBAL MONEY MANAGERS \"C\" (GBP) ACC","BK4112":"金融交易所和数据","IE00B3QW5Z07.USD":"GUINNESS GLOBAL MONEY MANAGERS \"C\" (USD) ACC","LU2095319765.USD":"Natixis Thematics Subscription Economy R/A USD","LU2210150020.SGD":"Natixis Thematics Subscription Economy R/A SGD","IE00BGHQF748.EUR":"GUINNESS GLOBAL MONEY MANAGERS \"C\" (EUR) ACC","SG9999014005.SGD":"United Global Durable Equities Fund Acc SGD","SG9999014021.USD":"UNITED GLOBAL DURABLE EQUITIES (USDHDG) ACC","SG9999014013.SGD":"United Global Durable Equities Fund Dis SGD","LU2210149790.SGD":"Natixis Thematics Subscription Economy R/A SGD-H","SG9999014039.USD":"UNITED GLOBAL DURABLE EQUITIES (USDHDG) INC"},"translate_title":"Shentel获得5.67亿美元光纤网络融资并将债务期限延长至2030年","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SHEN":0.9,"NDAQ":0.9},"content_text":"Shentel Secures $567 Million Fiber Network Financing and Extends Debt Maturities to 2030\n    \n\n        Shenandoah Telecommunications Company (Shentel) has completed a refinancing of its credit facilities effective December 5, 2025. The company closed its inaugural $567.4 million secured fiber network asset revenue term notes, with $489.1 million in 5.64% Series 2025-1, Class A-2 term notes and $78.3 million in 6.03% Series 2025-1, Class B term notes, both due December 2030. Additionally, Shentel raised a $175 million Variable Funding Note Facility due December 2029 and a $175 million new Revolving Credit Facility due December 2030. Proceeds were used to repay $585.4 million in term and revolving credit loans and terminate an existing facility due July 2028. The refinancing is expected to reduce Shentel's cost of debt by approximately 170 basis points and lower annual interest expense by about $10 million.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. 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